CBL & Associates Properties, Inc. announces that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.265 per share for the quarter ending June 30. The dividend is payable on July 16 to shareholders of record as of June 30.
The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending June 30 for the Company’s 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on June 30 to shareholders of record as of June 15.
The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending June 30 for the Company’s 6.625% Series E Cumulative Redeemable Preferred Stock.
The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on June 30 to shareholders of record as of June 15.